Estee Lauder (EL) director Jennifer Tejada granted 17.2 dividend stock units

Rhea-AI Filing Summary

ESTEE LAUDER COMPANIES INC director Jennifer Tejada acquired 17.2 stock units through a compensation-related award. The stock units represent a reinvestment of dividend equivalents on her outstanding stock units and correspond to 17.2 shares of Class A Common Stock.

After this transaction, Tejada holds a total of 4,393.39 stock units directly. These stock units will be paid out in shares of Class A Common Stock on the first business day of the calendar year following the last date of her service as a director.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Tejada Jennifer

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units (Share Payout)	17.2	$88.76	$2K

Holdings After Transaction: Stock Units (Share Payout) — 4,393.39 shares (Direct)

Footnotes (1)

1. Not applicable. Represents reinvestment of dividend equivalents on outstanding stock units. The stock units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tejada Jennifer

(Last) (First) (Middle)

C/O PAGERDUTY, INC.

600 TOWNSEND STREET

(Street)

SAN FRANCISCO CA 94103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ESTEE LAUDER COMPANIES INC [ EL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Units (Share Payout)	(1)	03/16/2026		A		17.2(2)		(3)	(3)	Class A Common Stock	17.2	$88.76	4,393.39	D

Explanation of Responses:

1. Not applicable.

2. Represents reinvestment of dividend equivalents on outstanding stock units.

3. The stock units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

Remarks:

	Jennifer Tejada, by Robin Cohen, Attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Estee Lauder (EL) director Jennifer Tejada report on this Form 4?

Jennifer Tejada reported acquiring 17.2 stock units as a compensation-related award. These units reflect dividend equivalent reinvestments on her outstanding stock units and are tied to Class A Common Stock of Estee Lauder Companies Inc, increasing her total stock unit holdings to 4,393.39.

How many stock units does Jennifer Tejada hold after this Estee Lauder (EL) transaction?

Following the reported transaction, Jennifer Tejada holds 4,393.39 stock units directly. This total includes the newly acquired 17.2 stock units from dividend equivalent reinvestment, all of which are linked to Class A Common Stock and will eventually be settled in shares upon her board service end.

What is the nature of the 17.2 stock units acquired by Estee Lauder (EL) director Jennifer Tejada?

The 17.2 stock units represent reinvestment of dividend equivalents on Jennifer Tejada’s existing stock units. Rather than receiving cash dividends, equivalent value was credited as additional stock units, aligning her compensation more closely with Estee Lauder’s Class A Common Stock performance over time.

When will Jennifer Tejada’s Estee Lauder (EL) stock units be paid out?

Jennifer Tejada’s stock units will be paid out on the first business day of the calendar year following her last date of service as a director. At that time, the stock units convert into shares of Estee Lauder Class A Common Stock, delivering the accumulated value.

Does the Jennifer Tejada Form 4 for Estee Lauder (EL) involve an open-market stock purchase or sale?

No, the Form 4 reports a grant-type acquisition of 17.2 stock units, not an open-market trade. The units arise from dividend equivalent reinvestments on outstanding stock units and are classified as a compensation-related award rather than a discretionary market transaction involving cash purchases or sales.